Commentary & Deal Flow

Moody's/S&P rate AnaCap Financial Europe SA SICAV-RAIF (ANACAP) EUR350m 144A/Reg S 1st lien sr sec FRN due 2027 (5.5y) B2/B (positive, revised from stable/stable). Via CS+. Moody's also upgraded the existing sr sec debt to B2 from B3.